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Back-bond

From Wikipedia, the free encyclopedia

Back-bond, or back-letter, in Scots law, is a deed qualifying the terms of another deed, or declaratory of the purposes for which another deed has been granted. Thus an ex facie absolute disposition, qualified by a back-bond expressing the limited nature of the right actually held by the person to whom the disposition is made, would constitute what in England is termed a deed of trust.[1]

References

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  1. ^  One or more of the preceding sentences incorporates text from a publication now in the public domainChisholm, Hugh, ed. (1911). "Back-Bond". Encyclopædia Britannica. Vol. 3 (11th ed.). Cambridge University Press. p. 133.